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The latest update is out from Foresight Group Holdings Ltd. ( (GB:FSG) ).
Foresight Group Holdings Limited has executed a share buyback program, purchasing 16,698 of its ordinary shares through Berenberg. This move is part of a larger buyback initiative, resulting in 2,495,813 shares being bought back in total. The purchased shares will be held in treasury, reducing the number of voting shares and potentially impacting shareholder calculations under FCA regulations.
The most recent analyst rating on (GB:FSG) stock is a Buy with a £457.00 price target. To see the full list of analyst forecasts on Foresight Group Holdings Ltd. stock, see the GB:FSG Stock Forecast page.
Spark’s Take on GB:FSG Stock
According to Spark, TipRanks’ AI Analyst, GB:FSG is a Outperform.
Foresight Group Holdings Ltd. shows strong financial performance and positive corporate actions, such as share buybacks and director share purchases, which enhance shareholder value. However, technical analysis indicates bearish momentum, which tempers the overall score.
To see Spark’s full report on GB:FSG stock, click here.
More about Foresight Group Holdings Ltd.
Founded in 1984, Foresight Group Holdings Limited is a leading investment manager specializing in real assets and capital for growth. Operating across the UK, Europe, and Australia, Foresight offers investment opportunities that support the energy transition, decarbonization, and nature recovery. As a constituent of the FTSE 250 index, the company provides a range of private and public funds and investment solutions aimed at building a sustainable future.
Average Trading Volume: 434,247
Technical Sentiment Signal: Sell
Current Market Cap: £470.1M
See more data about FSG stock on TipRanks’ Stock Analysis page.